If you have an RMD from an IRA, you will encounter the screen as you go through the interview process. See the screenshot below.
A
QCD is a direct transfer of funds from your IRA custodian, payable to a
qualified charity. QCDs can be counted toward satisfying your minimum required
distributions (MRDs) for the year, as long as certain rules are met.
In
addition to the benefits of giving to charity, a QCD excludes the amount
donated from taxable income, which is unlike regular withdrawals from an IRA.
Keeping your taxable income lower may reduce the impact to certain tax credits
and deductions, including Social Security and Medicare.
